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Chancellor: No Easy Fiscal Options, Difficult Decisions On Tax & Spending

UK

Comments from Chancellor of the Exchequer Jeremy Hunt being reported following BoE rate decision:

  • Hunt: "Government’s No 1 priority is to grip inflation"
  • Hunt: "There are no easy options and we will need to take difficult decisions on tax and spending"
  • Hunt: "Today the bank has taken action in line with their objective to return inflation to target"
  • Hunt: “The most important thing the British gov can do right now is restore stability, sort out public finances, and get debt falling so interest rate rises are kept as low as possible"

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